Corporate Mission
Global energy supplies have become a scarce commodity. The competition for safe and affordable energy has moved from inside the borders of national markets onto the global stage. The “thirst” for energy of upcoming industrial nations in South-East Asia and Africa, combined with dwindling resources in Europe, make the issue even more pressing.
Practically no country can cover its energy needs from its own resources, even though some should be able to. Next to long-term contracts with energy exporters and investments in developing regions, the significance of energy trading has grown immensely: not just as a “source of supply” but also as an opportunity to protect against risks, for example from supply shortages or price fluctuations.
Together, supply and demand are the determining factors for the market. We derive information from the resulting market price and the price governs the allocation of resources. This means that the market prices ensure an efficient use of scarce resources or that the party that needs a commodity most urgently pays the highest price for it. With Ducon Petroleum (P) Limited partnerships this puts it in an enviable position in the market.
Through many years of industry experience and global coverage we are able to source from private companies, production companies, oil majors, national governments and we also work with smaller producers that seek marketing expertise to help distribute their refined and oil production globally.